286-296 Melbourne Road,
Newport, VIC 3015
Medical & Consulting
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
286-296 Melbourne Road
Newport, VIC 3015
Map of 286-296 Melbourne Road
Train stations within 5 km of 286-296 Melbourne Road, Newport, VIC 3015 Distance Newport Station 613 m North Williamstown Station 1.1 km Spotswood Station 1.9 km Williamstown Beach Station 2 km Williamstown Station 2.8 km POWERED BY HERE ©Tram stops within 5 km of 286-296 Melbourne Road, Newport, VIC 3015 Distance 129-Beacon Cove/ Station Pier 4.1 km 128-Graham St/Light Rail (Port Melbourne) 4.6 km POWERED BY HERE ©Bus stops within 5 km of 286-296 Melbourne Road, Newport, VIC 3015 Distance Paine St/Melbourne Rd (Newport) 40 m Wilkins StMelbourne Rd 163 m Bunbury St/Melbourne Rd (Newport) 240 m Jackson ReserveMelbourne Rd 264 m North Rd/Melbourne Rd (Newport) 297 m POWERED BY HERE ©
POWERED BY HERE ©
OCCUPY, VALUE ADD OR INVEST MOMENTS FROM WILLIAMSTOWN & NEWPORTS CORE ACTIVITY CENTRE & RETAIL VILLAGE
- Dual Street Frontage (150m*)
- Combined Landholding of 3,178sqm*
- Valuable Existing Improvements
CBRE Australian Healthcare & Social Infrastructure is delighted to offer for sale 286-296 Melbourne Road, Newport – A former Residential Aged Care Home with 37 rooms and surplus adjoining residential holdings across three (3) titles allowing immediate occupation, renovation, expansion or a mixed-use outcome.
With dual street frontage, access to the property is possible via both Melbourne Road and Franklin Street with the Douglas Parade retail village located within walking distance (>1km*).
The Asset is offered for sale via International Expressions of Interest closing Thursday 21st November 2024 at 2:00pm* (AEDT).
+Valuable existing single-level improvements featuring 37 rooms and oversized communal spaces and courtyard
+High exposure landholding of 3,178sqm* with dual access points to Melbourne Road and Franklin Street - combined street frontage of 150m*
+Three (3) individual titles, all zoned General Residential Zoning allowing multiple potential outcomes (STCA)
+Existing building area of 1,060 sqm* (RACF only) with a projected fully leased income of $325,000 - $400,000 p.a and ample on-site parking plus surrounding all-day street options
+Suited to a variety of end users including Aged Care, Hospital, Childcare, Rehab, land-banking, Supported Residential Services, Specialist Disability Accommodation, and more (STCA)
LOCATION
+ Bordering the Williamstown and Newport activity and retail centre – walking distance to top performing Coles Supermarket and surrounded by national retailers including CBA, NAB, Priceline, Telstra and Australia Post
+Circa 1.0km* to Williamstown foreshore and 600m* from Newport Train Station catering to a wide reaching and established residential catchment area
+High exposure location with over 23,000* vehicles passing daily (Melbourne Road)
+Proven historical growth location with Newport’s median house price having increased circa 68%* Since 2015 with a median house price of $1,240,000 (Sept-24)
For further information, please contact the exclusive sales and marketing agents:
Marcello Caspani-Muto
+61 417 065 7...
Sandro Peluso
+61 418 389 7...
Jimmy Tat
+61 439 399 1...
approx*
With dual street frontage, access to the property is possible via both Melbourne Road and Franklin Street with the Douglas Parade retail village located within walking distance (>1km*).
The Asset is offered for sale via International Expressions of Interest closing Thursday 21st November 2024 at 2:00pm* (AEDT).
+Valuable existing single-level improvements featuring 37 rooms and oversized communal spaces and courtyard
+High exposure landholding of 3,178sqm* with dual access points to Melbourne Road and Franklin Street - combined street frontage of 150m*
+Three (3) individual titles, all zoned General Residential Zoning allowing multiple potential outcomes (STCA)
+Existing building area of 1,060 sqm* (RACF only) with a projected fully leased income of $325,000 - $400,000 p.a and ample on-site parking plus surrounding all-day street options
+Suited to a variety of end users including Aged Care, Hospital, Childcare, Rehab, land-banking, Supported Residential Services, Specialist Disability Accommodation, and more (STCA)
LOCATION
+ Bordering the Williamstown and Newport activity and retail centre – walking distance to top performing Coles Supermarket and surrounded by national retailers including CBA, NAB, Priceline, Telstra and Australia Post
+Circa 1.0km* to Williamstown foreshore and 600m* from Newport Train Station catering to a wide reaching and established residential catchment area
+High exposure location with over 23,000* vehicles passing daily (Melbourne Road)
+Proven historical growth location with Newport’s median house price having increased circa 68%* Since 2015 with a median house price of $1,240,000 (Sept-24)
For further information, please contact the exclusive sales and marketing agents:
Marcello Caspani-Muto
+61 417 065 7...
Sandro Peluso
+61 418 389 7...
Jimmy Tat
+61 439 399 1...
approx*
Property ID: 504715940Last Updated: 18 Oct 2024
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000